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Stellar AfricaGold (Stellar AfricaGold) Debt-to-Equity : 0.00 (As of Jan. 2024)


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What is Stellar AfricaGold Debt-to-Equity?

Stellar AfricaGold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Stellar AfricaGold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Stellar AfricaGold's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.34 Mil. Stellar AfricaGold's debt to equity for the quarter that ended in Jan. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Stellar AfricaGold's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Stellar AfricaGold was 115.00. The lowest was -3.28. And the median was -0.22.

STLXD's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Stellar AfricaGold Debt-to-Equity Historical Data

The historical data trend for Stellar AfricaGold's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stellar AfricaGold Debt-to-Equity Chart

Stellar AfricaGold Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.17 0.47 0.04 - -

Stellar AfricaGold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Stellar AfricaGold's Debt-to-Equity

For the Gold subindustry, Stellar AfricaGold's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stellar AfricaGold's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Stellar AfricaGold's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Stellar AfricaGold's Debt-to-Equity falls into.



Stellar AfricaGold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stellar AfricaGold's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Stellar AfricaGold's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Stellar AfricaGold  (OTCPK:STLXD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Stellar AfricaGold Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Stellar AfricaGold's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Stellar AfricaGold (Stellar AfricaGold) Business Description

Traded in Other Exchanges
Address
4908 Pine Crescent, Vancouver, BC, CAN, V6M 3P6
Stellar AfricaGold Inc is a precious metal exploration company. Its principal exploration project is the gold discovery at the Tichka Est Gold Project in Morocco, a grouping of seven permits covering an area of 82 km2. Stellar also holds the Namarana Gold Project in Mali.

Stellar AfricaGold (Stellar AfricaGold) Headlines

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